Stacy Summary: More forensic examination of Goldman Sachs’ role during the days that its former Chief Executive, Hank Paulson, was bailing out the financial players. And for these neo-feudal times, here is the Daily Gulag from @adamc
- Goldman Sachs: Reasonable Doubt (Janet Tavakoli)
Sophisticated counterparties like AIG are supposed to protect themselves, and have little chance for recovering damages. But now the American taxpayer has stepped in to make payments for AIG. U.S. taxpayers have a right to recover money paid out for derivatives on deals that include phony collateral.
Tags: aig · cds · goldman sachs · hank paulson · lloyd blankfein124 Comments
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@Mother,…I’d agree with you totally, if I was so naive to believe the PTB had good intentions for “life” and the planet.
Their doctrine is for the control of nature not it’s nurture,. me thinks you lack an over all perspective, maybe you should study more, the system as a whole.
There are many types of control,…you know this,.right?
@Dedo
Thank you for the J K Rowling link. I did not know she worked for Amnesty International when she was young. Great speech!
@MotherEarth:
If I linked a man considered a criminal by many of those who live in the Netherlands out of ignorance I would not foist his figurehead upon any ideological ship after the correlation was indicated. Turner was behind the Ukranian “botched” vaccinations.
He therefore should be in jail: not commended for proselytizing a world without carbon exhalers.
These men plan on owning vast tracts of land and using people like livestock.
@Mother …
As long as Taxes are channeled through a central point ( Govt. ) , they will always be mis-spent !
I am for reducing the size of Govt. to a small staff of book-keepers ( flat heirarchy + a “few” managers ) than are responsible for making sure tax-income is spent on the projects designated by the voting public.
The Government as such would be the people – online !
There would be no political parties ( I have always hated this system ) but direct representation.
OK.. now some may chirp in and tell me that’s all naive and unrealistic, because we couldn’t “trust” an “Online” voting system….
… strange how we trust “Online Money Systems” though isn’t it !!
@Dedo
As long as you define your expectations based on the PTB you are their serf.
@Mother,..To be aware that one is brainwashed is the key to understanding,..don’t knock what you’re unable to comprehend,.: )
@Mother,….Re: As long as you define your expectations based on the PTB you are their serf.
Sorry,.I will not believe you’re that naive,..tut tut
me thinks you’re playing the wind up!
@MotherEarth:
The elements behind the move to global governance represent the lowest and most vile aspirations of man’s dominion. I would not trust these criminals with the ‘keys for the kingdom’.
Global governance is a fathom for which the depth has not been tested but for which the shoals show indications of corrupt and frothy manipulations.
Peter Schiff Video Blog – October 31, 2009 (How Government Programs Drive Up College Tuitions)
http://caps.fool.com/Blogs/ViewPost.aspx?bpid=286069&t=01000420523245711617
@Phil
What taxes? If you know that the main reason for military spending is to keep an oil guzzling oil thief in power and that same oil is killing us, why not spend all that defence money on alternatives to become resource independent and make that army obsolete?
Africa is become a slave plantation under the tutelage of global governance. HIV was most probably introduced to Africa through the small pox ‘campaign’ by UNICEF.
http://www.virology.ws/2009/02/20/hiv-1/
The question of culpabiliy remains.
@snoot
I sat at the table with people lobbying the EU on climate change, I try to make waves in my own way, and where are you? I don’t want to knock anyone, but I though this site is for people that want to escape serfdom, not wallow in it..
@MotherEarth:
I write. I have osteoarthritis in both my knees and am a virtual cripple.
Ted Turner is such a hypocrite. He uses as much “stuff” as a thousand ordinary “humans”. But in his mind, he is deserving while the rest of us are useless “stuff” consumers.
Just what useful service has Ted Turner provided mankind? He has produced nothing of value. He has taken other peoples creativity and made money off of it. He is a useless consumer and should remove himself from this planet.
Serfdom is indicated more by collusion with criminal force than with mere anarchy. Serfdom inhabits the belief that some or more equal than any.
Happy Halloween > Goldman’s ‘Chainsaw Massacre’ Halloween party http://tinyurl.com/ykjro27
@snoot
How come that sounds like an excuse? Would Rush Limbaugh be able to achiev what he has achiever (not positive I must say) if he where in a wheelchair? Do you have a blog?
@MotherEarth:
Why do I get the feeling that I would be your least favorite seatmate on a long bus ride?
I detest Rush Limbaugh.
@Dan II
You are in the same mindset as greenpeace was when Max proposed to short certain corporations on the stock market. Ted Turner is rich, he is a tycoon, that is wrong. But I think he is right all the same. Wisdom requires good reflection and experience, nothing more..
UPDATE:Gold To Stay Important Asset Of Euro Central Banks-ECB
…He said the Eurosystem holds 10,800 metric tons of gold, roughly one third of world gold reserves.
Mercier said the Eurosystem holds more gold in value terms than it did 10 years ago….
http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=200911020650dowjonesdjonline000142&title=updategold-to-stay-important-asset-of-euro-central-banks-ecb
Well IIRC…
3500 tons = Germany
300 tons = ECB
1500 tons = France
etc.
So I suppose 10,000 tons could be right !
@ gb – It’s hilarious that the “disheartened Americans” whom Noonan writes about are the douchebags who helped eff the entire country: the private insurance companies, Chamber of Commerce, and the poor rich Americans either crying about their taxes potentially going up or fleeing from states where taxes are highest. All of those people would do very well to remember that THEY are the ones who have benefited from the country sinking into the toilet during these past 3 decades. Didn’t hear them crying about being disheartened then. So they must just be disheartened now that the party is over and they’ve stolen far too much from the rest of us for us to be able to do anything to help THEIR economy recover.
Rush Limbaugh is a prop for big monied interests. He “achieves” through seduction.
@Snoot
You are right. I do not care to give comfort.
Ted Turner should be forced to partake of his own “good medicine”. Of course the hypocrital-moustached mink would refuse.
@snoot
He achieves without using his knees as well. Just sayin’..
@MotherEarth:
The Big Bad Wolf makes a very poor bed partner.
@ Stacy – The Tavakoli piece is pretty remarkable. The most infuriating thing about it is that it’s doubtful that anyone cares enough to look into any such claims of “reasonable doubt”/blatant fraud.
@snoot
I don’t fall for grannies or crossdress either
a must read over at Brookesnews.com by Frank Shostak on “the US economy & credit contraction”…very important.
No offense to minks, but what a stunning likeness:
http://www.manicyouth.com/images/view.jpg
http://www.bbc.co.uk/cumbria/content/images/2006/10/02/mink_470x352.jpg
You are right. I do not care to give comfort.
No shit, Sherlock.
@snoot
LOL, but I digress..
@ME
Turner’s lifestyle should reflect what he preaches for the rest of us. What Turner secretly wishes for is to have the splendor of nature available to him and his progeny.
He is a hypocrite.
@DanII;
He is ‘altruistic’:
altruism: Sacrifice, if necessary of life itself, so that others, commonly offspring or otherwise genetically close younger relatives, may survive or otherwise benefit. On the face of it this seems to reduce the adaptive value of the altruist. However, by saving offspring at the cost of its own life, the altruist may ‘save’ more of its own genes than if the situation were reversed, particularly if the reproductive potential of the altruist is exhausted, or nearly so.
http://www.encyclopedia.com/doc/1O8-altruism.html
@snoot
Altruistic sounds about right. I have a problem with people who preach population and resource reduction couched in terms of other people doing the sacrificing.
@MotherEarth:
How can we all be assured that your ‘achievements’ are not alligned with the services of other ‘useful idiots’ who capitalize on information available by deception. How do you know what I have achieved?
Life is a roller-towel at the public urinal. So, you left a few more smudges on your section of the towel? so what.
I don’t think finding a place in the social-stratum of the criminally insane overbudget EU bureaucracy is anything to moo about. You claim to hate the bankers and then run to do their bidding.
@Dan II
Do you have a problem with a doctor telling you to get your arm amputated if that would save your life? Should he cur of his arm also? People can gove good advise without following it themselves.
@ Mother Earth
“I sat at the table with people lobbying the EU on climate change”
Asking for a blade to cut your own throat?
I’m sorry to say it but you belong on THE plantation.
@snoot
LOL..
I run to the bankers bidding? I don’t see how..
@TJ
I mean actually talk to them so I know what is going on in the EU, and of course, that is not good (It sucks, and I told him that). But I do not see myself as working on a plantation, plantation ownership is more common in my family..
Take of those EU issue rose-colored glasses, Mother, and you’ll see readily enough.
@ Mother Earth
Unless you’ve been through the process, good grades, college, grad school, USAF, awakening, emigration outta there, you’re a slave. And you apparently like it from the conviction in your posts. And it figures you’d imagine yourself in the Big House.
I’m not comparing myself to you nor do I think I’m perfect. Didn’t you read the George Carlin quote here a few days ago?
“..the reason they call it the American Dream is because you need to be asleep to believe it”
EU/IMF slim plan:
http://euro-med.dk/billeder/billederimf-2dafmagring1.jpg
Gol d , DJIA & Iran
Seem to follow each other since a while now.
Dow up, Gold up & Vice Versa.
Just wondering what will happen if the US invades Iran.
Gold up, US$ down ?
The “PR set up” as in Iraq just keeps on rollin’ in.
Israel, Russia , EU etc. etc.
I have a feeling that the US & Israel will in fact “do it” … as outlandish as it may seem, but all the energy being expended on PR to make Iran look bad …. well, we’ll see won’t we !
@TJ
Well, I’m cheating because I’m in Holland. But I just don’t go along with the ‘big house’ analogy because I don’t want to define myself as a slave. Not being a slave starts with not allowing yourself to be defined as one. That said, even in the US it is not true for everyone that they are necessarily dependent on the oligarchs. Becoming a slave is something that can happen to you If you do not pay attention.
Ther is a simple solution: My suggestion to all that hate the system is to become unattractive to it. If the system can not use you it will starve and die. That is the passive approach. Another one is to throw a brick where you would like to see one go..
@phil
silver is not up, isn’t that unusual..
@Mother … Silver up as well
http://www.finviz.com/forex.ashx
But all these 10$ moves in Gold do not mean much, even if it’s 2% up today.
When I see 50$-100$ moves per day – at least – then you’ll know the fiats are out of fashion. Until then , it’s just manipulation ( pussy-footing around ) in the futures markets .
@phil
I agree..
@Mother,..lol,..I’d love to be back of the bus with you,..you crack me up!
BTW,.good luck with changin’ the weather,.lol
http://www.halflife2.net/forums/archive/index.php/t-83486.html
Down the Rabbit Hole, anyone?
….Meanwhile, back in DC, lawmakers are creating jobs and making everything all better, for ever. Amen!
Yeah! That oughtta do it!